3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for News Cp Cl A
Our trading algorithm values News Cp Cl A (NWSA) to be undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | undervalued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $15.6 |
| 60 Day Prediction | $16.3 |
| 60 Day Pred - Lower Bound | $15.04 |
| 60 Day Pred - Upper Bound | $17.57 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.008 * nr_days_in_the_future + 16.549
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
NWSA traded at $15.6 this Monday October 17th, gaining since last week.
Looking back, over the last month, NWSA has been loosing $-0.86 or -5.51 percent.
Over the last year, it has been loosing $-8.2 or -52.56 percent.
Seasonality of News Cp Cl A
Using our AI model, we have been analyzing the value change for News Cp Cl A depending on the day or month of a year. This can be seen in the following graph:
